California Passes $54 Billion In Climate Spending, Votes To Keep Nuclear Plant Open, But Infringes On Oil And Gas Wells
Oil Heads For Longest Run Of Monthly Gains Since Early 2018 An oil pump jack at the Midway-Sunset Oil Field near Derby Acres, California, U.S., on Friday, April 29, 2022. Oil is poised to eke out a fifth monthly advance after another tumultuous period of trading that saw prices whipsawed by the fallout of Russia's war in Ukraine and the resurgence of Covid-19 in China. Photographer: Ian Tuttle/Bloomberg via Getty Images Bloomberg / Contributor
Ian Tuttle/Bloomberg/Contributor via Getty Images

The California legislature passed massive climate spending on Wednesday, and voted to keep the state’s last remaining nuclear power plant open another five years.

In a final push during the legislative session, California lawmakers greenlit a record $54 billion in climate spending, and passed new regulations for oil and gras drilling. They also passed a mandate that the state stop contributing carbon dioxide to the climate by 2045.

The lawmakers also voted to prolong the operation of the Diablo Canyon nuclear power plant, which was set to entirely close by 2025, and is now set to stay open until 2030. Governor Gavin Newsom (D-CA), who was once in favor of shutting down the plant, has been pushing to keep it open lately, and proposed an extension of the plant earlier this month. The plant is run and owned by PG&E.

“PG&E is committed to California’s clean energy future. As a regulated utility, we follow the energy policies of the state. Early this morning, the legislature voted to seek to extend operations at Diablo Canyon Power Plant five years beyond its current license period to ensure statewide electric grid reliability as California transitions toward its clean energy future. This legislation has been sent to the governor,” PG&E said in a statement to The Daily Wire on Thursday

“We remain focused on continuing to provide reliable, low-cost, carbon-free energyto the people of California, while safely operating one of the top performing plants in the country,” the statement said.

In the midst of massive heatwaves and an unreliable electric grid, Newsom is likely attempting to avoid the rolling blackouts of August 2020. The state’s quick shift to green energy has resulted in a grid that cannot sustain demand. Those in favor of keeping the plant up and running have said that the state needs the clean energy of the plant while other renewable energy sources increase in production and use, according to The New York Times.

In mid-August, Newsom presented climate proposals to lawmakers, and all of them passed, except for legislation to enhance California’s 2030 goal of cutting greenhouse gas emissions.

“Together with the Legislature’s leadership, the progress we make on the climate crisis this year will be felt for generations and the impact will spread far beyond our borders,” Newsom said in a statement, per the Times.

California lawmakers also passed a bill stating that new oil and gas wells have to be established at least 3,200 feet away — or set back — from schools, homes, prisons, community centers, and hospitals. Gas and oil companies have pushed back against such legislation in the past, stating that the regulations would harm energy production and increase the prices of fuel. The measure also includes other rules that would start over the next few years. Newsom supported the measure, and it passed the legislature.

“The oil and gas industry is not opposed to setbacks and in fact, supports local setbacks,” Kevin Slagle, a spokesman for the Western States Petroleum Association, told the Times. “However, a one-size-fits-all, political mandate for the entire state does little to protect health and safety, will make us more dependent on foreign oil and will likely increase costs for fuel and energy.”

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The Daily Wire   >  Read   >  California Passes $54 Billion In Climate Spending, Votes To Keep Nuclear Plant Open, But Infringes On Oil And Gas Wells